The myth of monetarism
With a stagnating economy and rising inflation, we need an urgent change of policy and a coherent strategy for growth In a new podcast interview for Cambridge Judge Business School's expert comment series, Michael Kitson, Senior Lecturer in International Macroeconomics…
Banking on innovation
As world leaders pin their hopes on innovation to 'jump-start' their economies, there's a stark warning that it could take decades Economist Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, is warning that innovation is…
Dr Simon Taylor, Professor Colin Lizieri, John Kelting: The future of finance
Financial systems, real estate markets and the changing face of banks - how smart regulation can stimulate these interlinked sectors Three leading financial experts have given their verdict on how likely the finance market, the housing market and the banks…
It’s the economy, stupid
Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, considers the effectiveness of the economic policies of the three main parties to continue Britain's recovery. He warns of the dangers of a quick deficit cut, why the…
The economic crisis and the crisis in economics (INET Conference)
In April 2010, the conference "The Economic Crisis and the Crisis in Economics" brought together economists from all over the globe to King's College Cambridge, the home of the father of economics John Maynard Keynes. Just as importantly these economists…
Elizabeth Corley, Allianz Global Investors: Humbling the arrogant
The global credit crisis nearly destroyed the world's banking systems. Back then the "arrogant" bankers gambled with our money; now a new investment ethos means the "humble" will succeed, believes Elizabeth Corley, CEO of Allianz Global Investors Europe.…
Crisis, what crisis?
Dr Christos Pitelis, Reader in International Business & Competitiveness, says every crisis is an opportunity. Greece maybe the focus of attention now for the Eurozone, but there are lessons for all to learn. Austerity, he says, is the new buzz…
Does the balance of payments matter?
The UK is in the red, we've borrowed and borrowed, and continue to do so, but Michael Kitson, University Senior Lecturer in International Macroeconomics, warns it can't go on. We must get the balance of payments to balance again and…
That was the year that was 2009
It all began with the collapse of the sub-prime housing market in America, and the rest, as they say, is now history. The 2008 and 2009 recession saw consumption fall for the first time in 20 years, and that slow-down…
Shape of things to come
According to Michael Kitson, University Senior Lecturer in International Macroeconomics at Cambridge Judge Business School, the recession will be deeply protracted and U-shaped, not W-shaped as some are forecasting, leaving permanent scars on the economy in the form of lost economic capacity.…
